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Indian rice export prices recovered slightly from 21-month lows, with 5% broken parboiled quoted at $362-$369 per tonne as higher local paddy prices raised costs. Thai prices were roughly flat, and traders expect orders from the Philippines before year-end.
Higher Indian government-set paddy prices raise the floor for export quotes, but muted overseas demand limits the upside for world rice prices.
financetom.comNov 8, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
